Solving Problems on the Blockchain - Tokenly Updates

On Episode 289...

First, we'll hear about the basics of Tokenly for Crowdfunding. Then, we'll be joined by Stephanie for a conversation about Minimum Viable Data or MVD and the prototype Tokenly Music project. Later, we'll check in with Devon and Nick, Tokenly's two technical co-founders about Ethereum support and APIs. Then finally we'll rejoin Stephanie to talk about the two biggest problems in the way of any mainstream cryptocurrency use, and how Tokenly has solved them.

Next week we'll be announcing a Tokenly integration contest - Although full details won't be announced until then, you can take a look at our various APIs in the shownotes.

This week instead of talking about a current Tokenly project, I wanted to get a little hypothetical and talk about one of the non-monetary uses of Tokens that I sometimes think about.

Tokens, Trains and Right-of-Way

Some time ago I was spoke with Birdie Jaworski, editor of Very Much Wow magazine about tokens and train intersections. Right now train systems have lots of dumb infrastructure (Tracks, switches, etc) carrying smart (automated) trains from smart station to smart station.

So trains and stations need to talk to each other in order to keep an accurate picture of where the various moving parts are. When those moving parts find themselves in the same place at the same time you get a news-worthy catastrophe.

Imagine for a moment we have unlimited funds and manpower to fix this problem. The simplest way would be to station a traffic controller at every single junction with a powerful two way radio, a brain and the ability to communicate with nearby trains.

This morning @loon3 rolled out the latest version of the Tokenly Pockets Multi-Token Wallet to the Chrome store which contains some changes that are both helpful now but will be even more helpful as the Tokenly ecosystem grows over the next year.

Within about an hour of that update going live, I received an email from a user of Pockets who had noticed the new version asks for more permissions than the old one, which is totally true.